SD427 District Dashboard

Finance

FY2026 close to FY2027 budget

  1. Stage 1

    FY2026 as adopted

    ISBE budget form · adopted 2025-09-23, 7-0

    Adopted
    +$83,283source
    Operating surplus as budgeted
    FY26 budget adopted
    2025-09-23, 7-0source
    ISBE status
    Balanced; no Deficit Reduction Plan requiredsource
    Est. ending operating balance
    $14,552,029source
    Operating funds ended the year balanced (ACFR)
    8th consecutive year in FY2025source
  2. Stage 2

    FY2026 year-end result

    Unaudited · reported to the Board 2026-07-21

    Unaudited
    $3.8M deficit (unaudited)source
    All funds
    Five operating funds
    $3.5M deficit (unaudited)source
    Expenses
    Over by 6.6% across budget categories (unaudited)source
    Operating fund balance
    Slightly under the 20% targetsource
  3. Stage 3

    FY2027 budget cycle

    Signed minutes through 2026-09-08 · Sept 28 minutes pending

    In progress
    $301,639.83 for FY27source
    Structural savings (2026-08-04)
    Direction (2026-07-21)
    Reductions and adjustments required for a balanced FY27 budgetsource
    Tentative budget preparation (2026-08-04)
    Authorized 7-0source
    Tentative budget (2026-08-25)
    Adopted 7-0; hearing set for 2026-09-28source
    Public hearing and final adoption (2026-09-28)provisional: agenda only, signed minutes not yet posted
    On the agenda; outcome pending signed minutessource

Fund balances

$23,096,137
FY2025 total. Goal: June 30 fund balance "at or above 20%" while maintaining a balanced budget.source

FY26 (unaudited): operating fund balance "slightly under the 20% target" — reductions planned for the FY27 budget.source

Levy & PTELL

+2.82%
capped-fund extension growth, 2025 levy

Total extension $46,218,678.83 (all funds).source

Debt & capital

55.02%
of the debt limit used · margin $52,960,931

Debt service was 8.23% of noncapital expenditures in FY2025.source

Educational Fund: revenues vs expenditures

The district's main operating fund, year by year. Statement of Affairs basis, FY2021–FY2024.
RevenuesExpenditures
FYRevenuesExpenditures
FY2021$38,904,899$39,723,621
FY2022$42,868,349$43,495,132
FY2023$45,284,627$44,614,104
FY2024$48,968,567$47,726,017

FY2025 is not published on this basis: ISBE's 2025 Statement of Affairs form moved the financial summary to the Annual Financial Report, so the series ends at FY2024.source

Board goals 2026–27, finance focus

Adopted goal statements, verbatim, with status where the district states one.

Explore additional financial opportunities to improve the student experience and expand the nonresidential tax basesource

Ensure the June 30 fund balance maintains a rate at or above 20% while maintaining a balanced budgetsource

Board's own floor. FY25 combined balances $23.1M; balanced-budget streak at 8 years.source

Improve the district's Illinois State Board of Education (ISBE) financial profile scoresource

Success measure (adopted 7-0, 2026-05-26): reach ISBE "Recognition" status — the highest financial profile a district can obtain.source

Develop a five-year facility plan that maintains safe, operational, and clean spacessource

Context: ~$50M identified Sycamore HS capital need vs ~$53M legal debt margin.source

Prioritize discretionary facility spending for student-centered spacessource

Communicate financial, facility, and academic information to the community by providing accurate, timely, and clear district reportingsource

Sycamore Community Unit School District 427 · Every figure traces to an official source document. Click any ⓘ for file & printed page. 193 citations.Record through 2026-09-28 · Generated 2026-10-07

Charts never mix accounting bases. Fund balances and levy/debt figures are ACFR (GAAP) modified-accrual, as originally reported. Budget figures are ISBE accrual. 2025 levy figures are primary-verified (county Tax Computation Report; adopted 6-0, 2025-11-25). Printed page N = PDF page N+6 for the FY2025 ACFR. FY2026 year-end figures are unaudited statements to the Board; the FY2026 ACFR is not yet published.